J. Remuneration and Compensation
| No: 722030000067 | Date(g): 5/8/2019 | Date(h): 4/12/1440 | Status: In-Force |
Translated Document
The Financial Institution may provide benefits to employees outside the scope of the official job contract concluded in order to incentivize them to achieve the best results in accordance with the remuneration and compensation policy prepared by the institution, taking into consideration the following:
- ensure sound and effective risk management through an effective management structure to set objectives and share them with employees.
- ensure effective remuneration and compensation risk management by developing a policy to ensure that remuneration and compensation are not only given to specific category of employees.
- comply with the Financial Institution business strategy, values, priorities and long term objectives.